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Change Management

Ford Calls Visteon Incentive Program ‘Entirely Too Rich’

July 14, 2009
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The automaker says former parts subsidiary Visteon Corp. has proposed an employee incentive program that is "entirely too rich, given current market and economic conditions." Ford adds that employees of the bankrupt Visteon should be happy to still have jobs.
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Five Years of Corporate Pension Plan Funding Gains Gone in Market Collapse

June 2, 2009
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The top 100 U.S. corporate pension plans saw their funded status drop by nearly 30 percentage points in 2008, giving up all gains of the previous five years.
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New York City Job-Loss Estimates Ease

May 21, 2009
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Following months when economists kept tearing up their job-loss forecasts and revising them upward to keep pace with deteriorating economic news, New York’s Independent Budget Office has gone in reverse.
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Health Savings Account Enrollment Continues to Rise, AHIP Says

May 15, 2009
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Enrollment in health savings accounts linked to high-deductible health insurance plans continues to surge, with 8 million people covered by HSAs as of January 1, a 31 percent annual increase.
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Department of Labor Tentatively Denies Coca-Cola Retiree Benefit Proposal

May 15, 2009
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The Coca-Cola Co. will continue to seek regulatory approval of its innovative retiree health care benefits funding proposal after a tentative Labor Department ruling denying approval of the transaction.
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Wells Fargo to Freeze Cash-Balance Pension Plan

May 11, 2009
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Effective July 1, Wells Fargo & Co. is freezing its cash-balance pension plan, making it one of the largest employers to do so.
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Confidence Falls for 63 Percent of Defined-Contribution Savings Plan Participants

April 8, 2009
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A new survey shows 63 percent of defined-contribution plan participants have grown less confident in the past year about reaching their retirement goals.
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Another Bad Benefit Trend

April 3, 2009
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